Distinguish between consumption goods and final goods.
Answers
Answered by
1
Explanation:
Consumption goods are regarded as those goods that are most suited for final consumption.
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Difference between consumption goods and capital goods.
Consumption Goods Capital Goods
Consumer goods are purchased in order to fulfill personal consumption needs Capital goods are purchased for manufacturing of consumption goods
Target Market
Consumer Manufacturers
Answered by
3
Answer:
A consumer good is any good purchased for consumption and not used later for the production of another consumer good. Consumer goods are sometimes called final goods because they end up in the hands of the consumer or the end-user.
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